2 Dividend Stocks That Will Pay You for Life, Want to Retire Early? For starters, PEP remains a high-quality stock with a stable full of global food and beverage brands through its PepsiCo Beverage, Frito-Lay, and Quaker Foods divisions. Former Bridgewater Associates co-CEO: CEOs should shape up on ESG, or ship out, AMD CEO: the semiconductor shortage will take time to correct, Kansas City Chiefs phenom Patrick Mahomes: I am trying to build a business empire, Foot Locker CEO: this is what our future holds, Intel CEO: here is when the chip shortage may end, Coca-Cola CEO: our business is rounding the corner from the pandemic. The first split for PEP took place on May 31, 1977. This happens once a day. Did Pepsi Just Become a More Attractive Dividend Stock to Buy? Yet again, PepsiCo, Inc. (NASDAQ:PEP), a global food and beverage company, could mirror its rival, The Coca-Cola Company's (KO) recent stock split. PepsiCo and its subsidiaries hold a significant portion of the US snack market, up from 39% in 2009. You'll now be able to see real-time price and activity for your symbols on the My Quotes of Nasdaq.com. Spillane rates PepsiCo's stock at a Buy with a $165 price target. PEP obviously isnt a tech company, but its still one of the top 15 stocks in the index by portfolio allocation. TTM = trailing 12 months. The average return after a rise is generally lower than after a fall as detailed in the previous question. This may be a reason that the stock is currently trading near a 52-week high of $77.20. You can test the chance of recovery over different time intervals of a quarter, month, or even just one day! PepsiCo Stock: Wait For A Better Entry Price Amid Uncertainty (NASDAQ . 2/19/2020: Signs of effective containment in China and hopes of monetary easing by major central banks helps S&P 500 reach a record high, 10/1/2007: Approximate pre-crisis peak in S&P 500 index, 9/1/2008 10/1/2008: Accelerated market decline corresponding to Lehman bankruptcy filing (9/15/08), 3/1/2009: Approximate bottoming out of S&P 500 index, 12/31/2009: Initial recovery to levels before accelerated decline (around 9/1/2008), Late-March 2020 onward: Social distancing measures + lockdowns, Since late 2020: Weak quarterly results, but continued. 2023 - 2027? I also enjoy sharing my thoughts and information to try and help others as well. 2.45%. Cost basis and return based on previous market day close. Along with strong growth in revenues, the company was able to expand its margins due to its Productivity Program, with earnings rising from $3.40 per share in 2017 to $5.14 in 2020. PepsiCo's product portfolio includes a wide range of enjoyable foods and beverages. It's a massive and mature business likely to grow modestly in the future. improve its sales and margins. Pessimistic: $177.63. PepsiCo's valuation has steadily risen over time; the stock now has a price-to-earnings (P/E) ratio of 29, which is comfortably higher than its average P/E of 23 over the past decade. Follow Sozzi on Twitter @BrianSozzi and on LinkedIn. It also launched a new juice product line (Frutly) for its young consumer base. How much will one PepsiCo share be worth in "Mad Money" host Jim Cramer said in early January that . as a result of using the information contained on the site. 2.41%. Making the world smarter, happier, and richer. Ex-Dividend Date. Market capitalization is the total market value of all issued shares of a company. PII Split History See allTrefis Price EstimatesandDownloadTrefis Datahere, Whats behind Trefis? See How Its Powering New Collaboration and What-Ifs ForCFOs and Finance Teams |Product, R&D, and Marketing Teams, This is a BETA experience. Pessimistic: $212.08. moreover, are not trading signals. For PepsiCo stocks, the 200-day moving average is the support level today. PepsiCo is an American multinational food processing company. Given that the past year has been about the recovery from the pandemic-led market crash in 2020, double-digit returns seem unlikely, but the potential for moderate returns over the next 12 months still remains.

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